When technology spillover occurs,

a. those firms engaged in technology research should be taxed by the government.

b. a firm's research yields technological knowledge that can then be used by society as a whole.

c. it is the government's responsibility to own firms that are engaged in high-tech research.

d. firms invest in the latest production technology and the cost of that technology "spills over" to the prices consumers must pay for the product?

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Business

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16 July, 13:10

When technology spillover occurs,

a. those firms engaged in technology research should be taxed by the government.

b. a firm's research yields technological knowledge that can then be used by society as a whole.

c. it is the government's responsibility to own firms that are engaged in high-tech research.

d. firms invest in the latest production technology and the cost of that technology "spills over" to the prices consumers must pay for the product?

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Answers (1)

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Nora Ferguson · Answer 1

The cause of making a technology spillover to likely occur is if the research of the firm had yield knowledge in which could be used by the people in the society and for the whole. The correct letter of the answer is letter b. It is because a technology spillover happens when the actions being done by a firm has gave a technological benefits in which were unintentional or not meant to happen.